Guatemala GDP Deflator
Inflation as measured by annual growth rate of GDP implicit deflator NY.GDP.DEFL.KD.ZG
Guatemala's gdp deflator was 6.01% in 2025, ranked 103rd globally. This represents a 64.2% increase from 2024. Data from World Bank, covering 1961–2025.
Overview
Guatemala's gdp deflator stood at 6.01% in 2025, a rise of +2.35pp from 2024. Based on recent trends, this figure is projected to reach 6.01% by 2025. Guatemala ranked 103rd globally.
Guatemala’s GDP deflator stood at 6.01 % in 2025, placing the country 103rd in the world and marginally below peers such as Belize (6.10 %) and Ecuador (6.14 %). The indicator has swung widely over the 65‑year series, reaching an all‑time high of 41.46 % during the inflationary shock of 1986 and falling to a trough of –5.61 % in 2001, when deflation reflected a severe economic contraction. The post‑2001 period saw a gradual return to positive inflation, with the deflator averaging around 5 % in the 2010s before accelerating to the current level. This upward drift mirrors broader price pressures in the region, driven by rising commodity costs and fiscal expansions. Continued monetary tightening or a sharp slowdown in global demand could temper the rise, while persistent fiscal deficits and supply‑side constraints are likely to keep the deflator on an upward trajectory in the near term.
Data & projection
| Year | GDP Deflator | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 7.01% | - | - |
| 2026* trend | 6.51% | - | - |
| 2025* trend | 6.01% | - | - |
| 2025 | 6.01% | +2.35pp | #103 |
| 2024 | 3.66% | −2.88pp | #93 |
| 2023 | 6.54% | +0.17pp | #129 |
| 2022 | 6.37% | +3.24pp | #89 |
| 2021 | 3.13% | +0.26pp | #81 |
| 2020 | 2.87% | −0.69pp | #128 |
| 2019 | 3.57% | +2.29pp | #145 |
| 2018 | 1.27% | −0.48pp | #48 |
| 2017 | 1.75% | −0.96pp | #67 |
| 2016 | 2.71% | +0.48pp | #130 |
| 2015 | 2.23% | −0.63pp | #100 |
| 2014 | 2.86% | −0.50pp | #126 |
| 2013 | 3.36% | −0.02pp | #133 |
| 2012 | 3.38% | −3.52pp | #95 |
| 2011 | 6.89% | +1.76pp | #127 |
Detected Pattern
Analysis
Guatemala matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw gdp deflator improve within 24 months. View full analysis →
Frequently Asked Questions
Guatemala's gdp deflator was 6.01% in 2025. Ranked 103rd globally. This represents a 64.2% increase from the previous year.
Guatemala's gdp deflator peaked at 41.46% in 1986.
The lowest gdp deflator in Guatemala was -5.61% in 2001.
Guatemala ranks 103rd globally in gdp deflator as of 2025.
The World Bank indicator code is NY.GDP.DEFL.KD.ZG. Data sourced from World Bank.
Guatemala's gdp deflator is projected to reach 6.01% by 2025 based on trend extrapolation.
The gdp deflator of Guatemala in 2025 was 6.01%. This ranks 103rd in the world.
Cite this page
@misc{historysaid_guatemala_gdp-deflator,
title = {Guatemala GDP Deflator},
url = {https://historysaid.com/guatemala/gdp-deflator/},
publisher = {HistorySaid},
year = {2026}
}